Issue details

Rent Review at Marquisway, Team Valley

To agree to settle the rent review dated 31 December 2016 at £24,561.60 per annum for the period 31 December 2016 to 30 December 2021 rising to £45,752 per annum thereafter. The rent review is due under the terms of the lease dated 26 January 1977 held by the Council for a term of 99 years from 31 December 1976.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 20/04/2021

Decision due: 25 Nov 2019 by Mike Barker, Strategic Director Corporate Services and Governance

Contact: Lee Wright, Property Management - Team Leader Email: Leewright@gateshead.gov.uk Tel: 0191 433 2921.

Decisions